gas price

Methanol Holdings joins G2X Energy Lake Charles Methanol-To-Gasoline

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MHTL and G2X Energy build Louisiana Big Lake Fuels The Swiss-registered Methanol Holdings Trinidad Limited (MHTL) has decided to join the Houston-based G2X Energy Inc. (G2X Energy) to build Big Lake Fuels LLC (Big Lake Fuels) project, a world-scale methanol-to-gasoline (MTG) plant at Lake Charles in Louisiana, USA. With the main facilities in Point Lisa …

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BP and PLN gas agreement triggers Tangguh Expansion Project

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BP to go for FEED on Indonesia Tangguh LNG Train-3 The UK-based major company BP and its partners China National Offshore Oil Corporation Muturi Ltd (CNOOC), Mitsubishi–Inpex Berau BV (Mitsubishi–Inpex), Nippon Oil Exploration Berau Ltd ( Nippon Oil), KG Berau Petroleum Ltd (KG Berau) in joint venture with KG Wiriagar Petroleum Ltd (KG Wiriagar), Indonesia …

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Saudi Arabia to increase natural gas production capacity

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Saudi Aramco to evaluate Fadhili gas plant FEED bids The national oil company Saudi Aramco is currently evaluating the tenders submitted by the qualified engineering companies in competition to provide the Fadhili Gas Processing Plant project with the front end engineering and design (FEED) work. This project is part of Saudi Arabia program to develop …

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Sasol to go for FEED on Louisiana GTL and Ethane cracker project

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Sasol to prioritize US GTL on Canada GTL project  In a press conference in Louisiana, Sasol’s chief executive officer, David Constable, confirmed the decision of the board to move on the front end engineering and design (FEED) stage of the first Gas-To-Liquids (GTL) project to be built in USA. To be located in its site …

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Sabic investigates shale gas-based opportunities in USA

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Sabic to expand petrochemical capacities in USA The Ryadh-based Saudi Basic Industries Corporation (Sabic), may join BASF, ChevronPhillips, Dow Chemical (Dow), Enterprise Products Partners (Enterprise), ExxonMobil, Evonik, Occidental Petroleum, Sasol, Shell, to increase its petrochemical foot print in USA to benefit from the low costs feedstock provided by the shale gas. Speaking at the Gulf …

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Celanese to build Methanol plant in Houston to reduce Acetyl costs

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Shale gas to help Celanese integration business model Celanese Corporation (Celanese) is a global technology and specialty materials company owning and operating a large acetyl complex at Clear Lake, close to Houston, Texas, USA. The positive developments in the U.S. energy complex to become a net gas exporter creates favorable conditions to explore all the …

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Giant Exxon Baytown complex to get bigger with new cracker

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From Shale gas to Polyolefins ExxonMobil implements its integrated business model The Houston based Exxon Mobil Corp. is considering a multi-billion-dollar expansion of its giant petrochemical complex in Baytown, Texas, USA. ExxonMobil, like Chevron, Dow Chemicals or Shell,  is looking to take advantage of a surplus of natural gas that’s pushed Henry hub prices near 10-year lows …

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“GTL”

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 Definition GTL is the acronym of Gas-To-Liquid and refers to the process to convert gas into liquid fuels such as diesel and fuels components such as very high added value synthetic greases and lubricants. Comments Historically the GTL process is based on the Fischer-Tropsch principle invented in 1920 to convert coal, gas or biomass into …

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